Bottom Article Ad

Monday, May 30, 2022

United States Security Market to be Driven by the Rising Security Concerns in the Forecast Period of 2022-2027

The new report by Expert Market Research titled, ‘United States Security Market Report and Forecast 2022-2027’, gives an in-depth analysis of the United States security market, assessing the market based on its segments like systems, services, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents:

The key highlights of the report include:

Market Overview (2017-2027)

• Historical Market Size (2021): USD 4.8 Billion
• Forecast CAGR (2022-2027): 11.20%
• Forecast Market Size (2027): USD 8.8 Billion

The security industry of the United States is being driven by increasing crimes, such as intrusion, vandalism, and theft over the years in the region. As per estimates, the region witnessed the highest reporting of credit card fraud, government document fraud and loan fraud in 2020 compared to the last four years. The rising purchasing power is enabling many commercial institutions to set up security systems, thus bolstering the market. Moreover, the efficiency of security systems, such as video surveillance, access control systems, alarms and notification systems are also resulting in their growing adoption, which is propelling the security industry's growth. The strong foothold of several industry players is also providing impetus to the market growth in the United States.

Industry Definition and Major Segments

Security is the protection from any unwanted harm caused by others. The security is ensured using a security system that is electronic devices working together with a central control panel. It safeguards a building from its entry and exit points.

The security industry, by system is divided into:

• Access Control System
• Alarms and Notification System
• Intrusion Detection System
• Video Surveillance System
• Barrier System
• Others

Based on service, the market is segmented into:

• System Integration and Consulting
• Risk Assessment and Analysis
• Managed Security Services
• Maintenance and Support

On the basis of application, the market is categorised into:

• Government
• Military and Defence
• Transportation
• Commercial
• Industrial
• Others

Read Full Report with Table of Contents:

Market Trends

The stringent government regulations against the depredation of any property (Section 1361) and any other illegal activities are significantly catalysing the security industry's growth in the United States. The United States General Services Administration offers professional security, facility management, and guard services, among others. The efforts taken by the leading industry players to expand their product portfolio by launching security solutions and products are also playing a critical role in the development of the security industry. For instance: Ameristar Perimeter Security offers different engineered gate solutions, such as residential entrance gates, cantilever sliding gates and sliding roll gates. Further, the evolution of new and improved system technologies and the investments in research activities are also expected to augment the security industry of the United States in the forecast period.

Key Market Players

The major players in the market are Ameristar Perimeter Security, Barrier1 Systems, LLC., Delta Scientific Corporation, EL-Go Team, and Teledyne FLIR LLC, among others.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Media Contact

Company Name: Claight Corporation
Contact Person:- Jessica Lucas, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, US
City: Sheridan
State: Wyoming
Country: United States

Explore more on Procurement Intelligence services of EMR Inc.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


Post a Comment